Saturday , 23 January 2021

hybrid appraisal

4 Potential Benefits of Hybrid and Bifurcated Appraisals

A major selling point for completing hybrid or bifurcated appraisals is that the appraiser will save a good deal of time by not inspecting the property, not taking photos of comparable sales, and not sitting in traffic. However, the notion that an appraiser could complete a hybrid/bifurcated appraisal in less than an hour is simply too good to be true. …

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Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

As part of their appraisal modernization efforts, Fannie Mae and Freddie Mac (the GSEs) have issued test forms for Hybrid and Desktop appraisal assignments. The forms will be made available to the major appraisal report software providers. The GSEs have also aligned on guidance regarding the use of these test forms, including formal definitions for “Hybrid” and “Desktop” assignments. These …

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Top 3 Alternative Valuation Products Offered by Appraisers

Industry experts foresee a growing demand for alternative valuation products (AVPs) and limited scope appraisals. Last month we asked our appraisal community, “Which alternative valuation products do you offer in your business model?” A significant number of respondents (42%) reported that they do not offer any appraisal alternatives as part of their current business model. Among those who do provide …

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